Recently I posted Something On how MMM crashed in Lagos.
I t was because I got the Info and now some one has come to clear the airwaves on the issue with MMM.
I don't know how MMM works and I am not a member but if there are people benefitting from it, then they should enjoy it more.
I tender an apology.
I also do Network Business
I was not trying to spoil the Network, I was only trying to save us from unforseen situation.
If you believe in it, continue and be careful.
I decide not to edit what this Tech Guru has written
Several reports have been flying around on news publication about how MMM sustainability in Nigeria and other countries. First, the Central Bank of Nigeria (CBN) and Securities and Exchange Commission (SEC) sent strong warnings to discourage people from investing into MMM. There was an alleged report that MMM has crashed in Lagos Nigeria which came after a purported MMM crash in Zimbabwe. But are these sources verified? Did MMM really crash in Lagos and Zimbabwe?
The truth to note is: The writer of those pieces, has absolutely no knowledge of how MMM works, and the main aim of it is to cause panic. Let us start with that of Zimbabwe.
What Really Happened In MMM Zimbabwe
MMM
Zimbabwe offers 100% mavro growth in 30days. This was implemented to
attract participants due to the economic hardship in the country. This
mavro growth for those of us in business is called market penetration.
Again their mavro was never frozen just like ours in Nigeria which
multiplies for 15 days and also freezes for that long before withdrawal.
What happened in Zimbabwe is an implementation of
what is already going on in Nigeria. MMM has seen that they don't need
market penetration to attract participants. Their mavro growth was reduced from 100% to 20%.
10% below what we are getting in Nigeria(30%). And the mavro is also
frozen for 14days just as its been done in Nigeria. The Nigerian Model
works perfectly fine and MMM is trying to implement it globally. So
there is no collapse of any structure, its just a remodeling of what is
already in place in Nigeria
Again, this is what happened in south African in April.
They reduced their mavro growth from 50% or so to 30% and 20% with
other schemes like lotteries introduced. And I can categorically tell
you that the South African MMM community is growing faster and better
than ever after that change and reduction in mavro growth.
Zimbabwe
MMM is still going on even with the 80% decrease in mavro growth. Did
anyone lose their money? No. What happened is when you pledge 10k,
instead of getting 20k reward in 30days, which is 100% reward, you get
12k which is 20% reward. They are still rewarded with 2k. In Nigeria we
get 3k reward for 10k pledge. So did anyone lose their money? Absolutely
not. Has it stopped MMM Zimbabwe from continuing? Not at all.
What Happened in Lagos?
NOTHING! It was just cheap news. Information Nigeria, one of the bearers of such news has pulled it down after finding out the truth. So I took it upon myself to make a little research and what I found will amaze you.
The Nigerian Model of MMM Works perfectly well. You can click here to see a powerful review made about MMM Nigeria here. So let's keep it going?
SOURCE: This is where I got This Article from
I am not a Member of MMM and I don't know how real it is.
I don't know how it works.
But I believe there are some who are benefitting from it, so no Need of discouraging them when they enjoyed it.
I have tried to clear your doubt on this.
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